What a difference a day makes! After a two-week correction of nearly 5%, the S&P 500 (SPX) spent the first part of last week rallying in anticipation of a friendly Fed meeting. That Fed meeting Wednesday produced the expected, namely that a rate cut in September was likely. That pushed…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bangladesh’s Prime Minister Sheikh Hasina has resigned, a senior military official has said, after thousands of protesters descended on the capital demanding her ousting in a dramatic culmination of weeks of demonstrations.Bangladesh…

If Donald Trump is elected, he’ll take office next year having learned the lessons of four years of legal battles in his first term, during which inexperienced personnel, slapdash policymaking and his own indifference to how the federal government worked made his agenda especially vulnerable to legal challenges. The 2024…

Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all that appealing. I’d observed grandparents, great aunts and uncles, and aged family friends face a seemingly hyperbolic hill of discomfort, disease, and,…

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Earlier this year, Sam Dogen quit his job.For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out.For one, it was his first gig since 2012.Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting…

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head swim coach for a metro Detroit team. Her older brother’s reaction looked more like surprise.At 18 years old, Jogan has spent the summer organizing meets as staff leader of the…

Warren Buffett’s Berkshire Hathaway slashed its stake in tech giant Apple by nearly 50%, according to Berkshire’s second quarter earnings report released on Saturday. Berkshire Hathaway disclosed its holdings in Apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares to 400 million…

Introduction Things aren’t going so well anymore. The AI-fueled tech rally has stalled, and all eyes are now on the “real” economy, which is showing some serious cracks. The just-released unemployment numbers, for example, came in much lower than expected, with nonfarm payrolls indicating just 114 thousand new jobs in…

Kamala Harris has attacked Donald Trump as a threat to individual freedom, economic security and the rule of law in the US since launching her White House campaign nearly two weeks ago.But the vice-president and her Democratic allies have found a novel way of describing Trump and the Republican party…